Identify Whether the Variable in the Information Below Is Qualitative

question 10

Multiple Choice

Identify whether the variable in the information below is qualitative or quantitative. The archeological site of Tara is more than 4000 years old. Tradition states that Tara was the seat of the high kings of Ireland. Because of its archeological importance, Tara has received extensive study (Reference: Tara: An Archeological survey by Conor Newman, Royal Irish Academy, Dublin) . Suppose an archeologist wants to estimate the density of ferromagnetic artifacts in the Tara region. For this purpose, a random sample of 55 plots, each of size 100 square meters, is used. The number of ferromagnetic artifacts for each plot is determined.

• A)quantitative
• B)qualitative
• C)neither qualitative nor quantitative
• D)qualitative as well as quantitative
• E)Information does not have any variable.

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Definitions:

Purchase Agreement

A legal document outlining the terms and conditions of a transaction between a buyer and a seller.

Dollar Value

The worth of something measured in units of currency, often used in financial and economic contexts.

Organizational Buying

This involves the decision-making process by which formal organizations establish the need for purchased products and services and identify, evaluate, and choose among alternative brands and suppliers.

Larger Orders

Purchases made in quantities significantly above the normal order size, often resulting in volume discounts or special handling.